Stock-based Compensation (Tables)

9 Months Ended

Sep. 30, 2023

Stock-based Compensation

Summary of incentive plan activity

				Weighted		Weighted Average
	Shares	Stock		Average		Remaining	Aggregate
	Available	Options	RSUs	Stock Option		Contractual Life	Intrinsic
(in thousands, except share and per share data)	for Grant	Outstanding	Outstanding	Exercise Price		(Years)	Value*
Outstanding at January 1, 2022	8,417	33,286	6,499	$	707.97	8.35	$	3
Additional shares authorized	151,079	—	—		—			—
Options granted	(44)	44	—		23.46			—
Options exercised	—	—	—		—			—
Options canceled	5,251	(5,251)	—		418.34			—
RSUs granted	(41,725)	—	41,725		—			—
RSUs vested and released	—	—	(2,506)		—			—
RSUs cancelled	—	—	(853)		—			—
Outstanding at December 31, 2022	122,978	28,079	44,865	$	592.73	7.19	$	—
Additional shares authorized	3,191,487	—	—		—	—		—
Options granted	—	—	—		—	—		—
Options exercised	—	—	—		—	—		—
Options canceled	296	(296)	—		325.31	—		—
RSUs granted	(12,376)	—	12,376		—	—		—
RSUs vested and released	—	—	(13,149)		—	—		—
RSUs cancelled	—	—	(8,814)		—	—		—
Outstanding at September 30, 2023	3,302,385	27,783	35,278	$	595.58	6.46	$	—
Exercisable at September 30, 2023		27,089		$	601.68	6.42	$	—
Vested and expected to vest at September 30, 2023		27,748		$	595.88	6.45	$	—

*Fair market value of Jaguar stock on September 30, 2023 was $0.26 per share.

Summary of stock-based compensation expense

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(in thousands)	2023		2022		2023		2022
	(unaudited)
Research and development expense	$	272	$	354	$	756	$	1,067
Sales and marketing expense		40		32		175		234
General and administrative expense		225		455		604		1,620
Total	$	537	$	841	$	1,535	$	2,921

Employee stock options

Stock-based Compensation

Schedule of estimated grant-date fair value of stock options calculated using the Black-Scholes option-pricing model

	September 30,	December 31,
	2023	2022
	(unaudited)
Volatility	—	164.0%
Expected term (years)	—	5.0
Risk-free interest rate	—	3.2%
Expected dividend yield	—	—